Market Wrap - Stock Pick — Life Healthcare
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Imtiaz Suliman from Sentio Capital chose Life Healthcare as his stock pick of the day.
"I'm going with Life Healthcare, I think they've got a very strong model and they've moved into imaging which is the PET scans, bringing the expertise from their alliance medical operation from the UK and trying to replicate that in the South African market. This is a good growth opportunity for a Life Healthcare where we've seen stagnant medical aid lives under cover so that will add another growth opportunity for them. It's a very well run operation they are exiting the Indian operation and Poland is also on the cards to be sold so you have a better capital allocation."
"I'm going with Life Healthcare, I think they've got a very strong model and they've moved into imaging which is the PET scans, bringing the expertise from their alliance medical operation from the UK and trying to replicate that in the South African market. This is a good growth opportunity for a Life Healthcare where we've seen stagnant medical aid lives under cover so that will add another growth opportunity for them. It's a very well run operation they are exiting the Indian operation and Poland is also on the cards to be sold so you have a better capital allocation."
